Well, first of all, the book value is 3.23. So here you have a company trading under book. Second, the float is small at 1.7 mil. Third, the stock has already indicated an ability to move, and on NO NEWS. Back in feb, the stock went from about 1 to 8 on 2 mil traded. Finally, I reprint a post from william from a few days ago:
PARA--Now let us think a minute, some of the very hot stocks the last 2 days
are going into internet lending/leasing. Now, PARA is already a lease company that has
an internet division. Now, how long before they announce internet lending/leasing? This
has the potential to be another TUNE. With a lower float..I think it is only a matter of
time, and the last time I was heavy in this stock, it zoomed from 1.50 to 8 something, in 24
hours, so it moves big on news...
so, one of these days, if you have the patience to hold, you will be justly rewarded. I already positioned myself into the warrants, and am waiting for payday. Again, the trick, as William says, is to find the big plays before they even happen.
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